75 North Park Road 1604, Vaughan

$498,000
75 North Park Road 1604

$498,000

New
16d
Condo ApartmentApartment

75 North Park Road 1604, Vaughan

Total Monthly Obligation $2,884

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
16d
Score
18
Yield
5.3%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-N13870648
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,097.8 (2026)
Maintenance-$500.81/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Beverley Glen
Title-Residential Condo & Other

No agent assigned

Bright and beautifully updated unit at The Fountains of Thornhill by Liberty! Featuring 9-ftceilings, a brand-new kitchen with modern finishes, stainless steel appliances, laminateflooring throughout, a new fan coil unit, and new washer and dryer. Functional layout withplenty of natural light. Enjoy luxury building amenities including an indoor pool, concierge,theatre room, fitness centre, guest suites, and more. Excellent Thornhill location close toPromenade Mall, shops, restaurants, schools, parks, and public transit.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$398,400
Land Transfer Taxes$6,435
Legal Fees (Est.)
$
Total cash required for closing$107,535

Total Monthly Obligation

$2,884/mo
Mortgage $2,009
Monthly Loss $2,356
Principal$529
Interest$1,480
Property Tax$175
Condo Fees$501
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.7%22
10-Year IRR
8.9%
Returns Index
12.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$26,244/yr
NOI
$13,112/yr
Net Cash Flow
-$916/mo
Cash Margin
-41.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
26.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 75 North Park Road 1604

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.